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The previously announced deal between Munich Re’s US life reinsurance subsidiary, Munich American Reassurance Company (Munich Re Life US) and Manulife Financial Corporation, which sees the former assume the biometric risk on a USD 3.2 billion block of the latter’s long-term care policies, is now in-force. Manulife highlighted that this deal aligns with its ongoing…
Skyward Group, the unified specialty insurance organisation whose operating businesses include Skyward Specialty and Apollo, has expanded ibott’s autonomous vehicle (AV) expertise directly into the US primary market, adding a complete suite of solutions and products for the rapidly evolving mobility sector. The move extends specialised coverages across the entire AV ecosystem, targeting commercial exposures…
Gallagher, the global insurance broking and risk management company, has announced two appointments within its Private Equity and M&A (PEMA) practice in Germany and the Netherlands as it continues its European expansion. Philip Frerks has been appointed Head of Transaction Solutions, Germany, within the global multidisciplinary PEMA practice. Based in Frankfurt, Frerks will lead Gallagher’s…
Mosaic Insurance, a specialty insurer focused on complex and emerging risks, has widened its international footprint into Continental Europe, underwriting political violence risks out of Germany with up to €100 million in dedicated capacity. Tailored coverage applies to a full spectrum of commercial, industrial and residential property risks associated with acts of terror and sabotage,…
Independent specialty managing general agent (MGA) HIVE Underwriters has appointed Richard Brown as Head of Property to lead the launch of its global Property Direct & Facultative (D&F) business. The establishment of a new portfolio aligns with the MGA’s long term goal of expanding its underwriting capabilities across global specialty markets. In his new role,…
Everest Group, a global specialty reinsurer and insurer, has completed the sale of its Canadian Retail Insurance operations, Everest Insurance Company of Canada (Everest Canada), to The Wawanesa Mutual Insurance Company. First announced in March 2026, the transaction was closed after securing all of the required regulatory approvals and satisfaction of customary closing conditions. This…
VIPR Solutions, a specialist insurance technology company providing software and data solutions for the Delegated Authority market, has appointed Tom Boucher as its new Non-Executive Chair following Bridgepoint Growth’s investment in the business. Boucher will work with VIPR Co-Founder and CEO Paul Templar and the company’s management team as VIPR continues to expand its international…
Bermuda is marking a decade of Solvency II equivalence with Ten Years of Solvency II Equivalence, a new report produced by the Association of Bermuda Insurers and Reinsurers (ABIR), which represents Bermuda’s commercial insurance and reinsurance sector, in partnership with the Centre for European Policy Studies (CEPS) and the European Capital Markets Institute (ECMI), examining…
Reinsurance broker Howden Re has announced the appointment of Hayley Schell as Managing Director in South Africa, effective 1 November 2026. Based in Johannesburg, Schell will report to Attilio Tornetta and work closely with Gary Ankcorn and the wider South African team. She brings more than 34 years of experience across non-life insurance and reinsurance…
Parametrix, a provider of parametric insurance solutions for digital infrastructure and technology risks, has appointed Tresa Stephens as Head of US Underwriting to lead its US Cyber and Tech E&O underwriting expansion. The move strengthens the Lloyd’s coverholder’s cyber underwriting leadership as it continues to expand its US business and cyber and tech underwriting capabilities….